Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
Gold fell on Monday, trading just above its lowest level in more than three months, due to stronger European shares and expectations that this week's Federal Reserve meeting could hint at the timing of any hike in U.S. interest rates.
was down .4 percent at $1,154 an ounce), just above last week's three-month low at $1,147.10. The metal had fallen for nine consecutive sessions up to Thursday, its longest losing streak since 1973.
U.S. gold futures for April delivery settled up 80 cents at $1,153.20 an ounce.
Spot platinum continued its fall, reaching the lowest since July 2009 at $1,101 an ounce before paring losses to be down 0.7 percent $1,105.
Gold shrugged off weakness in the dollar, which slid 0.7 percent against a basket of leading currencies.
The U.S. currency, however, which has risen 10 percent so far this year, was still trading close to its highest since 2003.
"Speculative investors are quite clearly out of love with gold at the present time and as long as we have this meteoric rise in the U.S. dollar going on, it's difficult to see a change in gold's fortunes,'' bullion broker Sharps Pixley CEO Ross Norman said.
Investors were looking at the Fed's two-day policy meet that begins on Tuesday for clues on how soon it could raise interest rates. Higher rates could dent demand for gold, which does not pay any interest.
"The only thing that could cause shorts to rethink their positions at the moment would be if the Fed didn't raise rates in June,'' Deutsche Boerse's MNI senior analyst Tony Walters said. "But if the Fed removes 'patient' from its minutes then I'd expect more selling.''
"Everything indicates that we're headed toward a rate hike. This market is trying to discount anything that will come out on Wednesday,'' said Eli Tesfaye, senior market strategist for RJO Futures in Chicago, referring to the day the Fed is expected to make a statement.
Investor sentiment towards gold has been bearish. Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.28 tonnes to 750.67 tonnes on Friday.
In the second-biggest consumer China, premiums on the Shanghai Gold Exchange increased slightly to $5-$6 an ounce above the global London benchmark.